ThoughtSpot
Valuation
$4.2B
2024 Revenue
$318.2M
Customers
1K
Funding
$663.7M
YOY
51.1%
Avg ACV
$318.2K
Team
1.7K
Founded
2012
How ThoughtSpot CEO Ravi Mhatre grew ThoughtSpot to $318.2M revenue and 1K customers in 2024.
ThoughtSpot is a software company that provides a search and AI-driven analytics platform for business intelligence and data analytics. The company was founded in 2012 and is headquartered in Sunnyvale, California. ThoughtSpot's platform allows business users to easily search and analyze large volumes of data in real-time, without requiring advanced technical skills or assistance from IT teams. The platform uses artificial intelligence and machine learning algorithms to provide insights and recommendations, helping users to make data-driven decisions. ThoughtSpot's customers include large enterprises across a variety of industries, and the company has been recognized for its innovative solutions and industry leadership.
Last updated
ThoughtSpot Revenue
In 2024, ThoughtSpot's revenue reached $318.2M. The company previously reported $210.6M in 2023. Since its launch in 2012, ThoughtSpot has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | ThoughtSpot Hit $318.2m revenue in October 2024 |
| 2023 | ThoughtSpot Hit $210.6m revenue in November 2023 |
| 2022 | ThoughtSpot Hit $154.5m revenue in November 2022 |
| 2021 | ThoughtSpot Hit $98m revenue in November 2021 |
| 2021 | ThoughtSpot Hit $98m revenue in November 2021 |
| 2020 | ThoughtSpot Hit $75m revenue in December 2020 |
| 2019 | ThoughtSpot Hit $36m revenue in August 2019 |
| 2012 | Launched with $0 revenue |
ThoughtSpot Valuation, Funding Rounds
ThoughtSpot reached a $4.2B valuation in 2021, set during its Series F round.
ThoughtSpot has raised $663.7M in total funding across 7 rounds, most recently a $100M Series F round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Series F | $100M | $4.2B | 2% |
| 2021 | Venture Round | $20M | - | - |
| 2019 | Series E | $248M | $1.7B | 15% |
| 2018 | Series D | $145M | $855M | 17% |
| 2017 | Series C | $60M | - | - |
| 2016 | Series C | $50M | - | - |
| 2014 | Series B | $30M | - | - |
ThoughtSpot Employees & Team Size
ThoughtSpot employs approximately 1.7K people as of 2026, up from 1.5K in 2024.
ThoughtSpot has 1.7K total employees in different roles and functions and 121 sales reps that carry a quota. They have 1K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 1.7K employees (November 2025) |
| 2024 | Reached 1.5K employees (March 2024) |
| 2023 | Reached 1.5K employees (November 2023) |
| 2022 | Reached 1.1K employees (November 2022) |
| 2021 | Reached 683 employees (November 2021) |
| 2021 | Reached 683 employees (November 2021) |
| 2020 | Reached 569 employees (December 2020) |
| 2020 | Reached 569 employees (November 2020) |
| 2019 | Reached 500 employees (August 2019) |
| 2018 | Reached 347 employees (May 2018) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how ThoughtSpot acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about ThoughtSpot
What is ThoughtSpot's revenue?
ThoughtSpot generates $318.2M in revenue.
Who is the CEO of ThoughtSpot?
The CEO of ThoughtSpot is Ravi Mhatre.
How much funding does ThoughtSpot have?
ThoughtSpot raised $663.7M.
How many employees does ThoughtSpot have?
ThoughtSpot has 1.7K employees.
Where is ThoughtSpot headquarters?
ThoughtSpot is headquartered in Mountain View, California, United States.
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Compare ThoughtSpot to the industry
ThoughtSpot operates across multiple industries. Browse revenue, funding, and growth data for ThoughtSpot in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .